How does the XTB broker work?

When opening a trading account with an online broker the main doubts of the users are not so much in the operative or the platform of operations but in the processes of deposit and especially of withdrawal of funds: Is the broker reliable? Can we withdraw our money without problems? Is it a simple or complicated process? How long does it take to receive the money?
To try to help you solve these issues, from InvertirEnBolsaWeb.net, we periodically perform various in-depth analyzes of the main online brokers and we show you step by step our real experience, with screenshots, on how to open an account, the data that you the documentation you must send, the ways to deposit funds and how to withdraw your money.
This time it is the XTB broker's turn:

HOW DOES BROKER ONLINE XTB WORK?

XTB (XTB Limited) is one of the leading online Forex brokers and CFDs (the 4th largest broker quoted). It is regulated by the UK's Financial Conduct Authority (FCA) and operates under the most stringent European regulations for investor protection. It provides two main trading platforms: xStation (in web format, a fast platform, powerful yet easy to manage) and MetaTrader 4 (the most popular platform worldwide, with its powerful system of graphs, technical analysis tools, possibility to use automatic trading systems, ...)
It is a versatile broker for all types of traders and allows you to trade more than 1,500 different financial instruments: Forex currencies, commodities, gold, silver, oil, ... and a good number of CFDs on stocks, stock indices. There is no minimum deposit to open a real account and the spreads are quite low (from 0.9 pips for Standard accounts and 0.28 pips with commission per lot operated for Pro accounts).


OUR REAL EXPERIENCE WITH XTB:

This real experience consists of 3 different articles: First we have requested the opening of an account in XTB and passed the verification process sending the necessary documentation, then we have seen the forms of income available and deposited funds. Finally we opened and closed a position and ended up requesting the withdrawal of our money. With these articles you can check graphically and in detail how these processes are carried out in the XTB broker and our recommendations in this regard.